Astron Paper & Board Mill Limited — Credit Ratings, 01-09-2025: Credit Rating
01-09-2025 | 04:14 pm
01-09-2025 | 04:14 pm
Informerics Ratings has downgraded Astron Paper & Board Mill's bank facilities (totaling Rs. 127 Cr) to IVRD. This change stems from delays in debt servicing. While experienced management is a strength, the company faces a deteriorating business risk profile and margin pressures from volatile raw material prices.
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